Financial Performance - Total net sales decreased by $2.5 million or 19% year-over-year, from $13.3 million in Q1 2022 to $10.8 million in Q1 2023[100] - Gross profit fell to $2.6 million, representing a gross margin of 24.3%, down from 31.5% in the previous year[100] - Operating loss increased to $3.9 million in Q1 2023, compared to a loss of $2.5 million in Q1 2022, marking a 56.9% increase in losses[100] - The company reported a net loss of $4.0 million for Q1 2023, compared to a net loss of $2.5 million in Q1 2022, reflecting a 57.5% increase in losses[100] Revenue Sources - Sales of cable modems and gateways, the primary revenue source, decreased by $2.3 million or 17.9% year-over-year[102] - SaaS sales dropped to $86,000 in Q1 2023 from $144,000 in Q1 2022, a decline of 40.3%[102] - The majority of revenues are generated in North America, with lower sales outside the U.S. attributed to regulatory variations[102] Expenses - Selling and marketing expenses for the three months ended March 31, 2023, were $3.7 million, flat compared to the same period in 2022, with a 2.0% increase attributed to various factors[108] - General and administrative expenses decreased by $125 thousand to $1.3 million for the three months ended March 31, 2023, reflecting an 8.6% decline primarily due to reduced professional fees[110] - Research and development expenses for the three months ended March 31, 2023, were $1.5 million, a decrease of $58 thousand or 3.8% compared to the same period in 2022, driven by lower personnel and contract labor costs[112] Liquidity and Cash Flow - Cash and cash equivalents rose to $0.8 million as of March 31, 2023, up from $0.5 million at the end of 2022[92] - Cash provided by operating activities was $1.3 million for the three months ended March 31, 2023, compared to cash used of $4.3 million in the same period of 2022[118] - As of March 31, 2023, the company had cash and cash equivalents of $0.8 million, an increase from $0.5 million on December 31, 2022[114] - The company reported $3.8 million in borrowings outstanding and $395 thousand available on its $10.0 million line-of-credit as of March 31, 2023[114] Future Outlook - The company expects gross margin to remain volatile due to increased costs of freight, materials, and components, with potential disruptions affecting production timelines[106] - Future liquidity needs will be influenced by operating losses, sales levels, and expenditures related to product development and marketing[124] - The company has implemented cost reduction plans to align its cost structure with sales and increase liquidity[123] - There is substantial doubt regarding the company's ability to continue as a going concern without obtaining additional financing[116] - The company continues to face liquidity pressures due to supply disruptions and has conducted two reductions in force to lower operating expenses[94] - The company has approximately $57.9 million in federal and $31.6 million in state net operating loss carryforwards available to reduce future taxable income[127]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or (617) 423-1072 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________ to _____________ Commission File Number: 1-37649 MINIM, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or Other Jurisdiction of Incorporation or Organization) 848 Elm Street, Manchester, NH 03101 (Address of Principal Executive Of ices) (Zip Code) Registrant's Telephone Number, I ...

Minim, Inc. (NASDAQ:MINM) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants James Carbonara – Investor Relations Mehul Patel – Chief Executive Officer Dustin Tacker – Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to the Minim Third Quarter 2022 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator In ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to ________ Commission File Number 1-37649 MINIM, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 04-2621506 (State or Other Juri ...

Minim, Inc. (NASDAQ:MINM) Q2 2022 Earnings Conference Call August 18, 2022 8:30 AM ET Company Participants James Carbonara - Hayden, Investor Relations Jeremy Hitchcock - Chairperson Mehul Patel - Chief Executive Officer Dustin Tacker - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Operator Good day and thank you for standing by. Welcome to Minim's Q2, 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be ...

minim 1 Q2 2022 Results August 18, 2022 | 8:30 am EST © 2022 Minim Safe Harbor Statement This presentation has been prepared by Minim, Inc. (the "Company") solely for informational purposes based on its own information, as well as information from public sources. This presentation has been prepared to assist interested parties in making their own evaluation of the Company and does not propose to contain all of the information that may be relevant. In all cases, interested parties should conduct their own in ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to ________ Commission File Number 1-37649 MINIM, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 04-2621506 (State or Other Jur ...

minim 1 Q1 2022 Results May 11, 2022 | 8:30 am EST © 2022 Minim Safe Harbor Statement This presentation has been prepared by Minim, Inc. (the "Company") solely for informational purposes based on its own information, as well as information from public sources. This presentation has been prepared to assist interested parties in making their own evaluation of the Company and does not propose to contain all of the information that may be relevant. In all cases, interested parties should conduct their own inves ...

Minim, Inc. (OTC:MINM) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Graham Chynoweth ??? Chief Executive Officer James Carbonara ??? Hayden, Investor Relations Nicole Zheng ??? President and Chief Marketing Officer Mehul Patel ??? Chief Financial officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to Minim's Q1, 2022 Earnings Call. At this time, all participants line are in a listen-only mode. After the speakers presentation, there w ...